Tesla, Inc. (TSLA), formerly known as Tesla Motors, has grown since its IPO a decade ago to become one of the world’s largest producers of electric vehicles under the leadership of CEO Elon Musk. The company sells cars, SUVs, and trucks.
In addition to electric vehicles, Tesla has expanded into power generation and storage systems. Tesla Motors shares will join the S&P 500 and S&P 100 on December 21. In the past 12 months, Tesla Motors has generated revenue of $28.2 billion and net income of $556 million. At the time of writing, the company has a market capitalization of $603.1 billion, making it the world’s largest automaker by market value.
By comparison, Tesla’s market capitalization is approximately 10 times that of General Motors Co (GM). Below, we take a look at Tesla’s top shareholders based on the number of shares they own. All figures are as of December 14, 2020.
“Inside information” refers to persons in senior management positions and members of the board of directors, as well as persons or entities owning more than 10% of the company’s shares. In this context, it has nothing to do with insider trading.
In a Nutshell
- One of the largest manufacturers of electric automobiles in the world is Tesla Motors, formerly known as Tesla Motors.
- The business has expanded into energy generating and storage systems, and on December 21, 2020, it will join the S&P 500 and S&P 100.
- With a market value of $603.1 billion, Tesla Motors is the largest automaker in the world and roughly ten times bigger than General Motors Co.
- Elon Musk, the CEO of Tesla Motors, is the company’s largest individual stakeholder, holding 20.7% of all outstanding shares.
- With 48.2% of the outstanding shares of Tesla Motors owned by institutions, Susquehanna Securities, Capital World Investors, and Elon Musk are the top three institutional shareholders.
Top 3 Individual Insider Shareholders
Kimbal Musk
Kimbal Musk, the younger brother of Elon Musk, owns a total of 629,740 shares of Tesla Motors, representing 0.07% of the company’s total outstanding shares. Musk holds a seat on the Tesla Motors Board of Directors. He is a restaurateur, entrepreneur, and co founder of the food access company The Kitchen. He also serves on the boards of Chipotle Mexican Grill, Inc. (CMG) and SpaceX, the aerospace manufacturer and space exploration company whose CEO and founder is Elon Musk.
Zachary Kirkhorn
Zachary Kirkhorn owns a total of 55,624 shares of Tesla Motors, representing 0.01% of the company’s total outstanding shares. Kirkhorn has served as Tesla’s chief financial officer since March 2019. Prior to that, Kirkhorn served as the company’s vice president of finance, financial planning, and business operations since December 2018 and in additional roles since joining Tesla Motors in 2010.
The Tesla Motors team has done an outstanding job of creating a car that I absolutely love. I’m a car guy, and have always loved cars, but this is something else. I’m proud to drive it.
Steven Spielberg
Jerome M. Guillén
Jerome M. Guillen owns a total of 49,357 shares of Tesla Motors, representing 0.01% of the company’s total outstanding shares. Guillen has been president of Tesla Motors Automotive since September 2018. Previously, he was vice president of Trucks and Other Programs and vice president of Worldwide Sales and Service, as well as head of the company’s Model S program. Guillen previously worked at Daimler AG and Freightliner LLC before joining Tesla Motors in 2010.
Top 3 Institutional Shareholders
Institutional investors own a substantial portion of Tesla’s shares, totaling about 48.2% of the total outstanding shares.
Elon Musk
Elon Musk owns 193.3 million Tesla Motors shares, representing 20.7% of total shares outstanding, according to a 13G filing for the period ended Dec. 31, 2019. Musk owns more than three times as many Tesla Motors shares as the next largest institutional shareholder. In addition to being co founder and CEO of Tesla Motors since 2003, Elon Musk is also CEO of SpaceX, Neuralink and The Boring Company. He also co founded PayPal Holdings, Inc (PYPL). According to Forbes, Musk is currently the third richest person in the world, with a net worth of about $142.7 billion.
Susquehanna Securities
Susquehanna Securities owns 60.7 million shares of Tesla Motors, representing 6.5% of total shares outstanding, according to a 13G filing for the period ending December 31, 2019. Susquehanna Securities is part of Susquehanna International Group, which offers institutional brokerage services, including trading, quantitative research, and fundamental research.
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Susquehanna International owns about $522.2 billion in 13F managed securities. In addition to the aforementioned stocks, Susquehanna International Group also owns 64.6 million put options and 54.3 million call options on Tesla as well. Tesla Motors has been a significant holding in Susquehanna Securities’ portfolio.
Capital World Investors
Capital World Investors owns 52.2 million shares of Tesla Motors, representing 5.6% of total shares outstanding, according to a 13F filing for the period ending Sept. 30, 2020. Capital World Investors is the equity focused arm of investment management firm Capital Group.
Capital Group prioritizes actively managed strategies and currently has about $2.1 trillion in assets under management as of September 30, 2020. Tesla Motors shares were Capital World’s second largest holding, representing approximately 4.9% of Capital World Investors’ holdings as of September 30, 2020.
Wrap Up
In conclusion, Tesla Motors is one of the biggest makers of electric cars, and it has also started to work on ways to generate and store energy. The company’s market value was $603.1 billion as of December 14, 2020, and it had recently made $28.2 billion in revenues and $556 million in net profits.
The top three individual insider shareholders in Tesla Motors are Jerome M. Guillen, Zachary Kirkhorn, and Kimbal Musk. About 48.2% of Tesla Motors shares are owned by institutions, with Elon Musk being the largest individual shareholder with 193.3 million shares, or 20.7% of the total number of outstanding shares. Elon Musk, Capital World Investors, and Susquehanna Securities make up the top three institutional shareholders.
FAQs
Tesla, Inc. is an American multinational corporation with headquarters in Palo Alto, California, and a focus on the production of solar panels, energy storage, and electric automobiles.
Elon Musk is Tesla’s CEO.
Tesla sells electric cars, trucks, and SUVs. Tesla also provides energy production and storage technologies.
Tesla’s market capitalization was $603.1 billion as of February 2023.
Jerome M. Guillen, Zachary Kirkhorn, and Kimbal Musk are the top three individual insider shareholders in Tesla.
Elon Musk, Susquehanna Securities, and Capital World Investors are Tesla’s biggest institutional investors.
Tesla earned $556 million in net income during the past year.
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- Tesla, Inc – Annual report for the fiscal year 2020
- S&P Dow Jones Indices – Tesla Set to Join S&P 500 & 100; Apartment Income REIT to Join S&P MidCap 400
- YCharts – Home Page
- Morningstar – Tesla Inc
- Tesla Inc – Kimbal Musk
- Tesla Inc – Zachary Kirkhorn
- Tesla Inc – Jerome Guillen
- MarketBeat – Tesla Institutional Ownership
- WhaleWisdom – Tesla Inc (TSLA)
- Tesla, Inc – Elon Musk
- Forbes – Elon Musk
- WhaleWisdom – Susquehanna International Group LLP
- WhaleWisdom – SUSQUEHANNA SECURITIES, LLC
- Capital Group – About Us
- Capital Group – Newsroom
- WhaleWisdom – CAPITAL WORLD INVESTORS
